3 Bed Terraced House, Single Let, Salford, M6 6BG, £100,000

9 Coniston Street, Salford, Greater Manchester, M6, M6 6BG - 1 views - 20 days ago

Leasehold

Auction

BTL

ROI: 21%

65 m²

ValuationUndervalued

Sold Prices	£100K - £400K
Sold Prices/m²	£1.3K/m² - £4.5K/m²

Square Metres	65 m²
Price/m²	£1.5K/m²
Value Estimate	£121,000£121,000
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£6,200£6,200
Total Cash In	£31,200£31,200

Cash Out
Rent Range	£975 - £2,800£975 - £2,800
Rent Estimate	£1,100
Running Costs/mo	£553£553
Cashflow/mo	£548£548
Cashflow/yr	£6,570£6,570
ROI	21%21%
Gross Yield	13%13%

Local Sold Prices

50 sold prices from £100K to £400K, average is £198.5K. £1.3K/m² to £4.5K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£153K	11/20	0 mi	80, Blandford Road, Salford, Greater Manchester M6 6BE	£2,217	69	3	Terraced House
£118K	12/20	0.01 mi	62, Blandford Road, Salford, Greater Manchester M6 6BE	£1,723	69	3	Terraced House
£149K	06/21	0.04 mi	1, Welford Street, Salford, Greater Manchester M6 6BB	£2,292	65	3	Terraced House
£160K	07/24	0.13 mi	182, Cromwell Road, Salford, Greater Manchester M6 6DE	£2,159	74	3	Semi-Detached House
£135K	11/20	0.16 mi	4, London Street, Salford, Greater Manchester M6 6QT	£1,534	88	3	Terraced House
£175K	06/24	0.17 mi	11, Greyhound Drive, Salford, Greater Manchester M6 6ER	£2,108	83	3	Terraced House
£182K	02/24	0.22 mi	48, Rockley Gardens, Salford, Greater Manchester M6 6QW	£2,247	81	3	Terraced House
£130K	11/23	0.24 mi	9, Milnthorpe Street, Salford, Greater Manchester M6 6DS	£1,340	97	3	Terraced House
£132K	03/21	0.26 mi	8, Romney Street, Salford, Greater Manchester M6 6DG	£1,833	72	3	Terraced House
£170K	11/22	0.27 mi	9, Cromwell Grove, Salford, Greater Manchester M7 2JU	£2,208	77	3	Terraced House
£230K	11/21	0.27 mi	6, St Boniface Road, Salford, Greater Manchester M7 2GE	-	-	3	Semi-Detached House
£200K	11/22	0.3 mi	12, Oswald Close, Salford, Greater Manchester M6 6SL	-	-	3	Terraced House
£100K	05/21	0.34 mi	15, Minoan Gardens, Salford, Greater Manchester M7 2JL	£1,374	73	3	Semi-Detached House
£220K	02/24	0.34 mi	2, Minoan Gardens, Salford, Greater Manchester M7 2JL	£3,188	69	3	Semi-Detached House
£265K	08/23	0.36 mi	70, Camp Street, Salford, Greater Manchester M7 1LG	-	-	3	Semi-Detached House
£260K	01/23	0.36 mi	68, Camp Street, Salford, Greater Manchester M7 1LG	-	-	3	Terraced House
£157K	06/24	0.38 mi	10, Strawberry Hill, Salford, Greater Manchester M6 6AH	£2,013	78	3	Terraced House
£215K	01/21	0.41 mi	38, Kempster Gardens, Salford, Greater Manchester M7 1AD	£2,194	98	3	Semi-Detached House
£230K	05/21	0.41 mi	57, Kempster Gardens, Salford, Greater Manchester M7 1AE	£2,335	98	3	Terraced House
£202K	04/23	0.43 mi	17, Gosport Square, Salford, Greater Manchester M7 1LZ	-	-	3	Terraced House
£187K	08/22	0.43 mi	7, Gosport Square, Salford, Greater Manchester M7 1LZ	-	-	3	Terraced House
£145K	02/21	0.46 mi	225, Littleton Road, Salford, Greater Manchester M7 3TJ	£1,576	92	3	Terraced House
£145K	02/21	0.46 mi	225, Littleton Road, Salford, Greater Manchester M7 3TJ	£1,576	92	3	Terraced House
£166.5K	11/21	0.47 mi	8, Auriga Walk, Salford, Greater Manchester M7 1BA	£1,959	85	3	Terraced House
£185K	08/22	0.53 mi	26, Valencia Road, Salford, Greater Manchester M7 3TD	-	-	3	Terraced House
£180K	04/24	0.53 mi	275, Littleton Road, Salford, Greater Manchester M7 3TB	£2,118	85	3	Terraced House
£400K	03/23	0.58 mi	11, Mallow Drive, Salford, Greater Manchester M7 1RA	£4,494	89	3	Detached House
£205K	01/23	0.6 mi	41, Northallerton Road, Salford, Greater Manchester M7 3TP	£2,662	77	3	Terraced House
£330K	04/22	0.62 mi	59, Meadow Road, Salford, Greater Manchester M7 1PA	£3,667	90	3	Detached House
£262.5K	07/23	0.62 mi	142, Blackburn Street, Salford, Greater Manchester M3 6AS	-	-	3	Semi-Detached House
£186K	04/21	0.64 mi	3, Arbour Close, Salford, Greater Manchester M6 7DT	-	-	3	Terraced House
£170K	10/20	0.65 mi	6, Velour Close, Salford, Greater Manchester M3 6AP	£2,464	69	3	Terraced House
£142.5K	11/20	0.66 mi	13, Maurice Street, Salford, Greater Manchester M6 7DG	£1,717	83	3	Semi-Detached House
£225K	03/23	0.66 mi	24, Maurice Street, Salford, Greater Manchester M6 7DG	-	-	3	Semi-Detached House
£320K	03/21	0.67 mi	65, Meadow Road, Salford, Greater Manchester M7 1PA	£3,556	90	3	Detached House
£240K	03/23	0.67 mi	15, Meadow Road, Salford, Greater Manchester M7 1PA	-	-	3	Terraced House
£266K	07/22	0.68 mi	81, Linen Court, Salford, Greater Manchester M3 6JG	£3,542	75	3	Terraced House
£235K	08/22	0.7 mi	17, Murray Street, Salford, Greater Manchester M7 2DX	-	-	3	Terraced House
£218K	09/21	0.7 mi	47, Calico Close, Salford, Greater Manchester M3 6AH	-	-	3	Semi-Detached House
£218K	09/21	0.71 mi	47, Calico Close, Salford, Greater Manchester M3 6AH	-	-	3	Semi-Detached House
£200K	10/21	0.71 mi	8, Wellington Street West, Salford, Greater Manchester M7 2FH	£1,818	110	3	Terraced House
£170K	03/21	0.72 mi	9, Kipling Street, Salford, Greater Manchester M7 2FF	-	-	3	Terraced House
£260K	12/22	0.72 mi	27, Kipling Street, Salford, Greater Manchester M7 2FF	£2,524	103	3	Terraced House
£126K	12/22	0.72 mi	30, Pentlands Avenue, Salford, Greater Manchester M7 2YG	£1,853	68	3	Semi-Detached House
£215K	03/22	0.73 mi	23, Calico Close, Salford, Greater Manchester M3 6AH	£3,116	69	3	Semi-Detached House
£215K	12/23	0.76 mi	31, Hilton Street, Salford, Greater Manchester M7 2YQ	£3,209	67	3	Terraced House
£197K	07/23	0.76 mi	43, Kingsley Avenue, Salford, Greater Manchester M7 3TT	£2,291	86	3	Semi-Detached House
£179.5K	12/22	0.77 mi	40, Wellington Street West, Salford, Greater Manchester M7 2FH	£2,063	87	3	Terraced House
£300K	06/23	0.79 mi	51, Wellington Street West, Salford, Greater Manchester M7 2FL	-	-	3	Terraced House
£280K	03/21	0.82 mi	2, Sorrel Bank, Salford, Greater Manchester M6 7DH	£2,205	127	3	Semi-Detached House

Local Rents

50 rents from £975/mo to £2.8K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	05/24	0.02 mi	-	3	Terraced House
£1,600	04/25	0.02 mi	-	3	Terraced House
£1,200	07/24	0.02 mi	-	3	Terraced House
£1,695	05/24	0.03 mi	Ventnor Street, Salford, Manchester, M6	3	Terraced House
£1,500	04/25	0.04 mi	-	3	Terraced House
£1,490	05/24	0.05 mi	Gerald Road, Salford, M6	3	Flat
£1,100	05/24	0.08 mi	Gerald Road, Salford	3	Terraced House
£1,635	05/24	0.08 mi	Barnabas Drive, Salford, M6	3	House
£1,635	05/24	0.08 mi	Barnabas Drive, Salford, M6	3	House
£1,625	01/25	0.09 mi	-	3	Flat
£1,450	03/25	0.1 mi	-	3	Terraced House
£1,350	04/25	0.1 mi	-	3	Terraced House
£1,450	03/25	0.1 mi	-	3	Terraced House
£1,700	04/25	0.11 mi	-	3	Semi-Detached House
£1,350	01/25	0.11 mi	-	3	Semi-Detached House
£1,200	05/24	0.12 mi	Beeley Street, Salford, M6	3	Terraced House
£1,200	05/24	0.14 mi	Cromwell Road, Salford, M6	3	Detached House
£1,850	04/25	0.14 mi	-	3	Terraced House
£1,820	05/24	0.17 mi	Gerald Road, Salford	3	Flat
£1,650	03/25	0.17 mi	-	3	Terraced House
£1,450	02/25	0.19 mi	-	3	Terraced House
£1,450	04/25	0.19 mi	-	3	Terraced House
£1,200	05/24	0.2 mi	Romney Street, Salford, M6	3	Flat
£1,550	01/25	0.2 mi	-	3	Semi-Detached House
£1,450	02/25	0.22 mi	-	3	Terraced House
£1,550	05/24	0.22 mi	Shergar Way, Salford, Greater Manchester, M6	3	Terraced House
£2,800	12/24	0.23 mi	-	3	Terraced House
£2,400	03/25	0.23 mi	-	3	Terraced House
£1,550	01/25	0.23 mi	-	3	Semi-Detached House
£1,650	05/24	0.24 mi	Stan Mellor Close Salford M6 6QB	3	Terraced House
£1,150	05/24	0.24 mi	-	3	Terraced House
£1,200	04/25	0.24 mi	-	3	Terraced House
£1,600	05/24	0.24 mi	Shergar Way, Castle Irwell	3	Flat
£1,950	01/25	0.25 mi	-	3	Terraced House
£1,755	05/24	0.25 mi	Romney Street, Salford, M6 6DG	3	Flat
£1,494	05/24	0.26 mi	Romney Street, Salford, M6	3	Terraced House
£1,626	05/24	0.26 mi	Milnthorpe Street, Manchester, M6	3	Terraced House
£975	08/24	0.27 mi	The Avenue, Salford	3	Terraced House
£1,550	05/24	0.28 mi	Shergar Way, (Castle Irwell ), Parking space #62, Manchester, M6	3	Flat
£1,100	06/24	0.28 mi	-	3	Terraced House
£1,400	12/24	0.29 mi	-	3	Terraced House
£1,350	07/24	0.29 mi	266 Lower Broughton Road, Salford, M7	3	Flat
£1,200	05/24	0.3 mi	Oswald Close, Salford, Greater Manchester, M6	3	Terraced House
£1,755	05/24	0.3 mi	9 Suffolk Street, Salford, M6 6DQ	3	Flat
£1,250	03/25	0.31 mi	-	3	Flat
£1,400	03/25	0.31 mi	-	3	Terraced House
£1,550	02/25	0.32 mi	-	3	Semi-Detached House
£1,400	07/24	0.37 mi	Camp Street, Salford, M7	3	Semi-Detached House
£1,400	02/24	0.37 mi	-	3	Semi-Detached House
£1,400	08/24	0.37 mi	-	3	Semi-Detached House

Local Area Statistics

Population in M6	31,26831,268
Population in Salford	88,69788,697
Town centre distance	1.33 miles away1.33 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.64 miles away0.64 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+58%+58%

Property History

Listed for £100,000

March 28, 2025

Description

Key Features

Lot 129 for sale by auction on 16/04/2025
To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
Subject to an Assured Shorthold Tenancy (Holding over)
Ground Floor - Reception Room, Kitchen
First Floor - Three Bedrooms, Bathroom
Lease with approximately 955 Years remaining
Rear Garden
Salford Crescent Station is to the south and provides direct services into central Manchester
Manchester city centre hosts a range of shops and amenities

Key Locations

The property is situated on the south side of Coniston Street
Manchester city centre hosts a range of shops and amenities
Salford Crescent Station is to the south and provides direct services into central Manchester
The A6/A580 is nearby which provides links to the M60 motorway, which offers connections throughout Greater Manchester
Castle Irwell Central Park is within walking distance of the property
Manchester Airport is located just outside of the city centre

Agent Details

Allsop, Auction

020 3879 5993

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationUndervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

Links

Local Area Statistics

Property History

Description

Key Features

Key Locations

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents